NYSE:TECKTeck Resources Stock Price, Forecast & News

Teck Resources' stock was trading at $8.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TECK stock has increased by 17.4% and is now trading at $9.63. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Teck Resources.

Teck Resources is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Teck Resources.

Teck Resources Ltd (NYSE:TECK) released its quarterly earnings data on Tuesday, April, 21st. The basic materials company reported $0.17 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.15 by $0.02. The basic materials company had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.72 billion. Teck Resources had a negative net margin of 5.40% and a positive return on equity of 5.14%. During the same quarter last year, the firm earned $0.99 EPS. View Teck Resources' earnings history.

Teck Resources announced a quarterly dividend on Monday, April 20th. Investors of record on Monday, June 15th will be paid a dividend of $0.036 per share on Tuesday, June 30th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Friday, June 12th. View Teck Resources' dividend history.

14 brokerages have issued 1-year target prices for Teck Resources' stock. Their forecasts range from $8.50 to $35.00. On average, they anticipate Teck Resources' stock price to reach $19.75 in the next twelve months. This suggests a possible upside of 105.1% from the stock's current price. View analysts' price targets for Teck Resources.

Media headlines about TECK stock have been trending very negative on Friday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Teck Resources earned a daily sentiment score of -3.4 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutTeck Resources.

Teck Resources saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 12,540,000 shares, an increase of 61.0% from the April 30th total of 7,790,000 shares. Based on an average daily volume of 6,210,000 shares, the short-interest ratio is presently 2.0 days. Currently, 2.4% of the shares of the company are sold short. View Teck Resources' Current Options Chain.

Some companies that are related to Teck Resources include Vulcan Materials (VMC), Martin Marietta Materials (MLM), Sociedad Quimica y Minera de Chile (SQM), Mdu Resources Group (MDU), Summit Materials (SUM), Compass Minerals International (CMP), Hecla Mining (HL), LYNAS CORP LTD/S (LYSDY), United States Lime & Minerals (USLM), GalianoGoldInc . (GAU), Ciner Resources (CINR), U.S. Silica (SLCA), Intrepid Potash (IPI), Piedmont Lithium (PLL) and Smart Sand (SND). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Teck Resources investors own include Teck Resources (TECK.B), Bank of America (BAC), Intelsat (I), Micron Technology (MU), AMC Entertainment (AMC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Ciena (CIEN) and Zynga (ZNGA).

Teck Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."

Teck Resources' stock is owned by many different institutional and retail investors. Top institutional investors include Capital Research Global Investors (3.56%), Contrarius Investment Management Ltd (1.84%), Janus Henderson Group PLC (1.34%), CIBC Asset Management Inc (0.88%), CIBC World Markets Inc. (0.79%) and Morgan Stanley (0.71%).

TECK stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Van ECK Associates Corp, Hexavest Inc., BlackRock Inc., CIBC Asset Management Inc, Massachusetts Financial Services Co. MA, Toronto Dominion Bank, and JPMorgan Chase & Co..

TECK stock was acquired by a variety of institutional investors in the last quarter, including Contrarius Investment Management Ltd, Canada Pension Plan Investment Board, Janus Henderson Group PLC, Scheer Rowlett & Associates Investment Management Ltd., The Manufacturers Life Insurance Company , Two Sigma Advisers LP, 1832 Asset Management L.P., and 1832 Asset Management L.P..

Shares of TECK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TECK stock can currently be purchased for approximately $9.63.

Teck Resources has a market capitalization of $5.04 billion and generates $8.99 billion in revenue each year. The basic materials company earns $-455,930,000.00 in net income (profit) each year or $2.22 on an earnings per share basis. Teck Resources employs 10,100 workers across the globe.

The official website for Teck Resources is www.teck.com.

Teck Resources' mailing address is 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3. The basic materials company can be reached via phone at 604-699-4000 or via email at [email protected]